Sanctions talk looms over Paris welcome for Iran's Rouhani

Thursday, January 28, 2016 - 01:23

Iranian President Hassan Rouhani is in Paris to drum up business for Iran now that sanctions have been lifted, but the visit comes amid continued diplomatic tensions with Paris after a recent missile test by Tehran. Rough Cut - subtitled (no reporter narration).

▲ Hide Transcript

▶ View Transcript

ROUGH CUT - SUBTITLED (NO REPORTER NARRATION)
Iran's President, Hassan Rouhani, was welcomed on Thursday (January 28) in Paris by French Foreign Minister Laurent Fabius on the second leg of his first trip abroad since Iran's sanctions-ending nuclear accord with world powers took effect.
Rouhani and Fabius took part in a military ceremony at the Hotel des Invalides in the morning, at the start of a packed day for the moderate Iranian president and his 120-member delegation of business leaders and cabinet ministers.
Rouhani was due to deliver a speech to business leaders later on Thursday at a Franco-Iranian forum, where Iranian ministers will outline their business plans.
Several agreements were due to be announced after a meeting with President Francois Hollande.
Iranian officials have said they are poised to agree on a deal for Airbus aircraft. Carmakers Peugeot and Renault may also agree contracts.
Airport design and construction talks may be on the agenda too, potentially involving builders Bouygues and Vinci and airports operator ADP.
Although many sanctions relating to Iran's nuclear program have been lifted, most U.S. measures remain in place. Companies are worried about the sanctions snapping back if Iran violated the terms of the nuclear agreement and are including this scenario in their risk analysis.

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: